To extract the maximum amount of oil from reservoirs worldwide, oil companies are drilling more complicated, deeper wells in more hostile environments. When wells run tens of thousands of feet underground, it is difficult to maintain stability in the borehole wall. Industry analysts estimate that drilling problems resulting from wellbore instability cost oil companies approximately $6 billion a year.
GeoMechanics International (GMI) has developed oil field tools that address wellbore instability problems. Among these is GMI• SFIB™ (Stress and Failure of Inclined Boreholes), a set of tools that enables engineers to evaluate how changes in wellbore trajectory, rock strength, and mud weight affect stability.
MathWorks software significantly reduces product development time and costs for GMI. "MATLAB is, by far, the easiest programming environment for scientific use," says Dr. Daniel Moos, senior vice president of GMI's Technology Department. "It enables us to develop robust products in the shortest time possible."